1. Asian shares held steady after a nine-day losing streak, but sentiment was frail after Wall Street shares crumbled and expectations of market volatility shot up to an eight-month high.Worries about the economic impact of a China-US trade war, a spike in US bond yields and caution ahead of earnings seasons are all cited as potential reasons behind the selloff, the biggest market rout since February.

2. US stocks fell by another 2% overnight. Losses were led by energy and financial stocks, with smaller falls in the big tech companies. The S&P500 has now fallen below its 200-day moving average. Since Tuesday, the Dow Jones industrial average has shed more than 1,300 points. Gold surged higher on Thursday, after trading in a narrow trading range for the best part of two months, breaking the downtrend its been stuck in since mid-August this year.

4. Kanye West called himself a “motherf-er” in the Oval Office and gave Trump a massive hug during his bizarre White House visit. He was at the White House to discuss prison reform, but instead he touched on a lot of topics during an enthusiastic, erratic 10-minute rant. West, who recently said he has changed his name to “Ye,” said the speech came from the “soul.”